Power

Privatize Transmission Company of Nigeria now, Elumelu cries out

Privatize Transmission Company of Nigeria now, Elumelu cries out

Privatize Transmission Company of Nigeria now, Elumelu cries out By Eyo Nsima   The Chairman, Heirs Holdings, Mr. Tony Elumelu, has called for the immediate privatization of the Transmission Company of Nigeria, TCN. The company is currently owned by the Federal Government and has the responsibility to transmit power in Nigeria. In his interview with […]

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Long-term investment in the Power Sector will transform Africa

Long-term investment in the Power Sector will transform Africa By OUR CORRESPONDENT The Chairman, Heirs Holdings Chairman, Tony O. Elumelu, has stressed the importance of power in driving innovation and economic growth across Africa. Speaking on Arise News’ The Morning Show, weekend, he said shared Heirs Holdings’ ambition to improve lives and transform the continent

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How TCN lost Billions of Naira due to vandalism in Nigeria’s Power Sector

ELECTRICITY: Inaugurate TCN board now, experts tell FG

ELECTRICITY: Inaugurate TCN board now, experts tell FG   By Eyo Nsima The Federal Government has been tasked to inaugurate the board of the Transmission Company of Nigeria, TCN in order to impact operations in the power sector. The board of the company involved in key activities, especially transmission and operations was constituted in January

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Transcorp enhances investment in power sector, other sectors

Transcorp enhances investment in power sector, other sectors By Eyo Nsima Transnational Corporation of Nigeria Plc, Transcorp, has boosted investment in the power and other sectors of Nigeria’s economy, according to the shareholders of the company. Many shareholders, who spoke at the just-concluded 15th Annual General Meeting (AGM) in Abuja, the shareholders, commended the company

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ELECTRICITY: NERC issues new Order seeking financial control of govt-owned TCN

ELECTRICITY: NERC plans new tariff as inflation, foreign exchange, others increase

ELECTRICITY: NERC plans new tariff as inflation, foreign exchange, others increase By Eyo Nsima The Nigerian Electricity Regulatory Commission, NERC has concluded plans to emerge with another tariff increase in the country. In a statement posted on its website, April 26, 2021, it stated: “Pursuant to the provisions of the Electric Power Sector Reform Act

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Schneider Electric partners with Arravo IT Solution to launch EcoStruxure Micro Data Centre in Lagos

Schneider Electric partners with Arravo IT Solution to launch EcoStruxure Micro Data Centre in Lagos Schneider Electric has partnered with Arravo IT Solution company to launch its 6U wall-mount EcoStruxure Micro Data Centre, which eliminates the organisation’s information technology (IT) closet and allows edge computing and networking equipment to be deployed almost anywhere.   Speaking

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ELECTRICITY: NERC issues new Order seeking financial control of govt-owned TCN

We are not recruiting personnel — NERC

We are not recruiting personnel — NERC By Eyo Nsima   The Nigerian Electricity Regulatory Commission, NERC, has denied that it is recruiting personnel at this time. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “The attention of the Nigerian Electricity Regulatory Commission (NERC or the Commission) has been drawn to a false undated

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Off-grid power solution won’t work until power works, says Umeh, Century Power Boss

Off-grid power solution won’t work until power works, says Umeh, Century Power Boss By Eyo Nsima   The Chief Executive Officer of Century Power Generation Limited, Dr. Chukwueloka Umeh has disclosed that the clamor for off-grid power as a solution to power failure in the country will continue to be a distraction to the availability

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